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The Pamphlet Collection of Sir Robert Stout: Volume 69

Internal Debt of Their own

Internal Debt of Their own

whose bonds should be a convenient mode of investment and opportunity for mild speculation, it is difficult to divine. The Chief Justice of South Australia the other day, in a State correspondence, recognized the want of a "local market for Government stock." If the insatiable bent for borrowing outside capital was checked, We might set about discovering how we might help ourselves, and probably should find that a measure similar to the Bill of Mr. Macandrew, passed in the Upper House of New Zealand, for an Act to be entitled "The Public Advances on Land Act of 1886," would meet the case, provided that the bonds were open to be purchased by the savings of the people. It is a frequent remark that the